Eric Noveshen falsified a mortgage application for a luxury home on the Las Olas Isles – or claimed the “mortgage broker” (his friend) did. Noveshen used his own grandmother as a straw buyer for the property and claimed she made $41-THOUSAND-DOLLARS PER MONTH! Doing what? Working for Noveshen’s companies Envision Capital and Sun Globe Fiber of course. Sounds so legit right?
Take a look at the mortgage application yourself and you be the judge. Keep in mind, Noveshen mis-used the US bankruptcy laws in 2005 to rid himself of hundreds of thousands in debt (click the link below to see the long list of bills Noveshen got out of paying) so despite making good money he couldn’t just walk in and get a loan on a home on the market for $2.1-million. There was also the issue of not being able to show how he made his income – market manipulation in conjunction with the now defunct hedge fund NIR wouldn’t look good to a mortgage lender.
So Noveshen did what he does best he used a pity party and his business contacts (who had a family member working as a Mortgage Broker at now defunct Geneva Mortgage in Orlando) to commit massive mortgage fraud against JP Morgan Chase and land himself a sweet pad on the Las Olas Isles that he didn’t pay the mortgage on in SEVEN years of living there. Living on the water ain’t bad when you’re living for Free!
Noveshen conned his grandmother into letting him put the house in her name – BONUS nice way to hide the asset from his ex Wife Christina Carter so he didn’t have to pay more child support due to his increased standard of living!
The outrageous part – how no one at the bank caught this is CRAZY – I guess that was how they rolled in 2007 — Eric Noveshen wrote that his 81-year-old grandmother made $41,350-thousand dollars a month as a consultant for Noveshen’s company!!
Pretty risky? You bet cha! But vexatious Noveshen LOVEs the thrill of walking on the fine line — will he ever get caught??
Truth -this was NO ONES income! Blatant Mortgage Fraud
Eric Noveshen never paid the mortgage – lived rent free in high style for seven years. His only expense was dodging process servers and hiding from the bank when they came to inspect the property. The mental and emotional toll the foreclosure lawsuits took on his grandmother Estelle Hartman was the ultimate price. Although there is no proof that Noveshen has ever expressed an ounce of sorrow for what he did to her. Instead he tells everyone, and anyone who will listen that his evil family – his evil sister and aunt conspired to brainwash her to turn on him and evict him from the home. That’s a great story and a lot of people buy it, but the hard facts in documents prove otherwise. The truth is in GROWNUP land if you don’t pay your mortgage EVER the bank sues you and takes the house back. So sissy and auntie had nothing to do with Eric Noveshen’s grandmother evicting him. He evicted himself by not paying his bills. To those who believe that Noveshen is the victim of this, or any of his dramas, we say this: ERIC NOVESHEN IS A GREAT CON MAN AND YOU ARE LIVING PROOF IF YOU BELIEVE HIM OVER DOCUMENTS.
Eric Noveshen lost two homes in his own name to foreclosure between 2003-2005.
Eric Noveshen’s 2005 bankruptcy
JP Morgan Chase filed to foreclose a second time in January 2013. Court documents show the grandmother Hartman asked Noveshen to leave the property so she could apply for a short sale. Eric Noveshen refused and made her sue to evict him to leave. Serious lack of any morals after all the poor woman did for him.
After being short sold the Las Olas house was later auctioned for sale.
Noveshen, in a house under his mother’s name – is set to got to court for the foreclosure trial of the house he has maintained for 12 years and not paid the mortgage on for NINE years (2007-present no payments) and lives in now in May unless he finds a way to legally snake his way out of that one abusing the Broward County Courts too.